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ICBC board finalizes terms of reference for independent review of insurance rates

The Insurance Corporation of British Columbia’s (ICBC) Board of Directors (BoD) has finalized the terms of reference for an independent review of the fairness and affordability of basic insurance rates in the province, with the idea being to limit future increases to the rate of inflation. Further, “an Expression of Interest seeking an independent third […]

By Canadian Underwriter | January 26, 2017

3 min read

Aviva marketing team-branded home, auto insurance to fans of Raptors, Maple Leafs

Aviva Canada Inc. announced Wednesday it is offering “team-branded” home and auto insurance directly to fans of Toronto’s Raptors and Maple Leafs teams. In a partnership with Maple Leaf Sports and Entertainment, Aviva Agency Services Inc. will offer and administer home and auto insurance online. The insurance will be underwritten by S&Y Insurance Company, a […]

By Canadian Underwriter | January 19, 2017

1 min read

Canadian Coast Guard safely rescues crew members from grounded tanker

The Canadian Coast Guard (CCG) has reported that six crew members have been safety rescued after a tanker ran aground off Nova Scotia on Sunday. In a series of tweets, CCG reported that the vessel Arca 1 ran aground off Sydney Mines, N.S. The Joint Rescue Co-ordination Centre Halifax tasked a Cormorant helicopter and CCG […]

By Canadian Underwriter | January 9, 2017

2 min read

New Brunswick government recommends winter tires but won’t make them mandatory

FREDERICTON – New Brunswick is resisting renewed calls to make snow tires mandatory, as provinces across the country take different legislative approaches to the annual slip and slide of winter driving. Green Leader David Coon says, just like seatbelts, mandatory winter tires would make it safer for motorists. “Everyone knows that if you have winter […]

By Canadian Underwriter | December 14, 2016

3 min read